News



International students bringing £312m to Scottish economy

International students are a boon to the Scottish economy, contributing an estimated £312 million per annum, according to global accountants PwC.

Published 29 May 2015

Occupancy and revenue continues to fall at Aberdeen hotels –BDO

Hotel occupancy and revenue continued to fall in Aberdeen during March according to the latest report by accountants, BDO.

Published 29 May 2015

Scots construction recovery ‘threatened’ by increasing output and falling jobs

A ‘decoupling’ of output and jobs in the Scottish construction sector could threaten the long-term sustainability of the industry’s recovery, industry body the Scottish Building Federation (SBF) has warned.

Published 28 May 2015

Business Briefs - May 28

Dundee energy contractor Sustainable Energy Scotland (SES) has called in administrators after mounting debt and market volatility.

Published 28 May 2015

Sell-offs see Brewin Dolphin profits up over past six months

Wealth manager Brewin Dolphin has reported a strong first-half performance on the back of an “overall upward trend in investment markets” and sell-offs.

Published 28 May 2015

Branches go as UK's last independent savings bank retreats from Lanarkshire’s high streets

Airdrie Savings Bank, the UK's last independent savings bank, is to close four of its Lanarkshire branches with the loss of 20 jobs.

Published 28 May 2015

Scottish food exports going swimmingly as sales hit record £1.1bn

Scotland’s food exports brought in a record £1.1billion in 2014 on the back of surging fish and seafood sales.

Published 28 May 2015

‘Housing limbo’ warnings as Scottish first time buyer lending falls 23 per cent

Lending to first-time buyers in Scotland was down in both value and volume, according to the latest data from the Council of Mortgage Lenders (CML).

Published 28 May 2015

Scottish rents rise at highest annual rate for five months

Average Scottish rents recorded in April increased by 1.6 per cent in a year, according to Your Move’s latest Scottish Rental Index.

Published 28 May 2015

Oil giant’s £8.3m annual bill is Scotland’s biggest business rates charge –more than Faslane

A new report has revealed the highest business rate paid on any individual property in Scotland.

Published 28 May 2015

Queen's Speech - Holyrood to raise 40 per cent of taxes and rule over 60 per cent of public spending

Under the new plans outlined in yesterday’s Queen’s Speech, the Scottish Parliament is to receive new devolved powers to raise 40 per cent of taxes and decide about 60 per cent of public spending north of the border.

Published 28 May 2015

Aberdeen swoops for £4bn US alternatives business

Aberdeen Asset Management has bought £4.1bn US private equity and real assets manager Flag Capital Management in a move the firm said will improve its hedge fund, property, private markets, infrastructure and pan-alternative offerings.

Published 28 May 2015

Grant Thornton manager jailed for embezzling £726,000 of charity trust cash

An assistant manager who worked in the trust department of accountancy firm Grant Thornton has been jailed for 40 months for embezzling £726,000 from trusts that were set up to help charities.

Published 27 May 2015

Business Briefs - May 27

Martin Gilbert, chief executive of Aberdeen Asset Management has submitted plans for the first phase of housing at a former Angus prison.

Published 27 May 2015

Edinburgh Uni backs down in the face of fossil fuel investment protests

Edinburgh University has announced that it is to do a dramatic u-turn and fully divest from three of the world’s biggest fossil fuel producers within the next six months.

Published 27 May 2015